Rinat Akhmetov, the owner of Avdiivka Coke and Chemical Works, has started the procedure of squeeze out of the company shares, having estimated the price of the plant at its annual profit. In particular, Barlenco Ltd. (Cyprus) has sent out an irrevocable claim to buy out shares from all the owners of the company stakes.…
In 2017 Avdiivka Coke and Chemical Works increased net income 2.1-fold YoY, to 24.899 billion UAH. According to the company statement, its net profit grew 3.52-fold, to 2.850 billion UAH. Undistributed profit as of late 2017 totaled 7.015 billion UAH. Last year the company produced 2.628 million tons of blast furnace coke, up from 2.397…
In 2017 Avdiivka Coke and Chemical Works increased net profits 3.52-fold, to 2.851 billion UAH. According to the company statement, its undistributed profits as of late 2017 totaled 7.16 billion UAH. The company current liabilities grew by 21%, to 12.925 billion UAH, fixed liabilities – by 7%, to 874.15 million UAH, and consolidated accounts receivable…
In January-February Avdiivka Coke and Chemical Works increased output 2-fold. According to the company CEO Musa Magomedov, at the same time in February the city of Avdiivka was on the brink of humanitarian catastrophe. “Because of the problems with electricity supply we had to shut down two coking shops to provide the city with heating”,…
Private limited company Metinvest B. V. has increased its share in Avdiivka Coke and Chemical Works from 87.7581% to 94.6003%. The company bought the shares on the secondary market. The Metinvest B. V. share in the voting shares of the company totaled 95.1176%. The Avdiivka Works charter capital is 485.75 million UAH. (Ukrainian metal)
Avdiivka Coke and Chemical Works has received a new tar separator. The machine removes resinous substances from the water that cools coking gas. At the moment the company is laying the foundation for the machine and purchasing metal structures. The commissioning of the tar separator is scheduled for summer. (Ukrainian metal)
Avdiivka Coke and Chemical Works is constructing a tube-type furnace to heat pitch in the coal pitch processing shop. In order to protect the construction site from weather, it has been covered with a special thermal cloth. Fan heaters keep the temperature inside at plus 14 degrees C. The framework has already been assembled, the…
As the result of artillery shelling Avdiivka Coke and Chemical Works has been cut off of railroad. “The electricity line of Ocheretino-Avdiivka has been damaged, as well as the contact-wire network of the railroad”, the company CEO Musa Magomedov wrote on his Facebook page. According to him, the company energy engineers are examining the damaged…